China's fixed-asset investment up 25.6% in Q1

China's fixed-asset investment (FAI) posted a strong rebound in the first quarter of 2021 with continued improvement in investment structure, official data showed Friday.

April 16, 2021

Strong start to 2021, China economy powers ahead for high-quality growth

China's economy grew 18.3 percent year on year in the first quarter of 2021, as strong domestic and foreign demands powered recovery from a low base in early 2020 when COVID-19 stalled the world's second-largest economy.

April 16, 2021

24 new steps to boost business environment

China will reduce burdens of market participants and boost investment as part of its new measures to optimize the overall business environment and foster high-quality development, officials and experts said on April 15.

April 16, 2021

Foreign trade to see continued growth

China's foreign trade will maintain upward momentum in the first half of 2021 after experiencing strong export performance between January and March, officials and experts said on Tuesday.

April 14, 2021

ASEAN remains China's biggest trading partner in Q1

In the first quarter of 2021, the Association of Southeast Asian Nations (ASEAN) remained China's biggest trading partner, followed by the EU, the U.S., and Japan, according to a press conference Tuesday.

April 14, 2021

China's foreign trade off to good start in Q1

China posted a stellar foreign trade report card in the first quarter (Q1). Its trade in goods expanded 29.2% year over year to 8.47 trillion yuan (US$1.29 trillion), including a 38.7% rise in export and a 19.3% rise in import, according to a press conference on Tuesday.

April 13, 2021

Hainan on rise amid policy boost

China is preparing a package of preferential policies to further facilitate free trade and investment, and relax market access for foreign investors in China's southern Hainan Free Trade Port, offering huge growth opportunities for global stakeholders, officials and experts said on Monday.

April 13, 2021

China's foreign trade up 29.2% in Q1

China's total goods imports and exports surged 29.2 percent year on year to 8.47 trillion yuan (about 1.29 trillion U.S. dollars) in the first quarter of 2021, official data showed Tuesday.

April 13, 2021

Hainan FTP sees explosive growth in foreign investment

The Hainan Free Trade Port (FTP) saw an explosive growth in foreign investment over the past three years thanks to its favorable policies, an official said at a press conference on Monday.

April 13, 2021

Hainan sees robust growth in new market entities, foreign investment

China's southern island province of Hainan has seen robust growth in new market entities and its actual use of foreign investment over the past three years since the building of the Hainan Free Trade Port, an official said at a press conference on Monday.

April 13, 2021

China to roll out more policies liberalizing trade in Hainan: MOC

China will roll out 28 policies and measures to further liberalize and facilitate trade in the Hainan free trade port, an official with the Ministry of Commerce (MOC) said on Monday.

April 13, 2021

Offshore duty-free sales in China's Hainan likely to double in 2021: Official

Offshore duty-free sales in China's southern island province of Hainan are expected to double in 2021 for the second year in a row, as fine-tuned favorable policies continue to draw more consumers, an official said Monday.

April 12, 2021

China's Hainan sees stellar growth in foreign investment, market entities

China's southern island province of Hainan has seen robust growth in foreign investment inflow and new market entities as it continues to improve its business environment, an official said Monday.

April 12, 2021

Revised regulation to clarify responsibilities related to grain

A revised regulation on grain circulation management will take effect next Thursday, tightening the supervision of grain market activities and clarifying the responsibilities of related departments in the process of grain circulation, the National Food and Strategic Reserves Administration said on Thursday.

April 9, 2021

China's tax and fee cuts exceed 7.6 trillion yuan in 13th Five-Year Plan period

During the 13th Five-Year Plan period (2016-2020), China's tax and fee cuts exceeded 7.6 trillion yuan, which effectively eased burdens for businesses, an official said at a press conference on Wednesday.

April 8, 2021

China to increase support for poor regions as gov't agencies continue frugality

China's government agencies will continue frugality measures during the country's 14th Five-Year Plan period (2021-2025), while the spending in less developed and poor regions will grow, an official with the Ministry of Finance said Wednesday.

April 8, 2021

Fiscal moves to cut risks, spur growth

China's fiscal measures will focus on balancing economic growth and preventing risks, with an eye on enhancing fiscal sustainability over the medium term, senior officials from the Ministry of Finance said on Wednesday.

April 8, 2021

Official: China's poverty standard higher than World Bank level

China's poverty standard is based on multiple factors, and the standard is actually higher than the poverty line set by the World Bank, an official said at a press conference on Tuesday.

April 7, 2021

China's ethnic minority areas see major drop in poverty

From 2016 to 2020, the poor population dropped by 15.6 million in China's five autonomous regions (Inner Mongolia, Guangxi, Tibet, Ningxia, Xinjiang) and three provinces with a large multi-ethnic population (Guizhou, Yunnan, Qinghai), according to a white paper issued on Tuesday.

April 7, 2021

China contributes to over 70% of global poverty alleviation

China has lifted 770 million rural people out of poverty over the past 40-plus years of reform and opening up, which accounts for over 70% of the world population that escaped poverty during that span, according to a white paper released on Tuesday.

April 7, 2021